Yahoo! (YHOO) Down 2% Following Icahn Settlement News
Tweet
Share
E-mailGet Alerts YHOO Hot Sheet
Join SI Premium – FREE
Yahoo! Inc. (Nasdaq: YHOO) is trading down 2% this AM following news of a settlement with activist investors Carl Icahn.
Under the terms of the deal, Icahn will be appointed to the board and two others from Icahn's slate will be nominated to the board.
Investors are selling the stock this AM as they see less of a chance of a deal with Microsoft (Nasdaq: MSFT) near-term.
Under the terms of the deal, Icahn will be appointed to the board and two others from Icahn's slate will be nominated to the board.
Investors are selling the stock this AM as they see less of a chance of a deal with Microsoft (Nasdaq: MSFT) near-term.
You May Also Be Interested In
- Oppenheimer says these stocks could be new AI software winners
- Evommune to present EVO301 phase 2a data at EADV congress
- Nektar to present rezpegaldesleukin data at EADV Congress 2026
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
Carl IcahnSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
